Patek Philippe - The Hong Kong Watch Auction: XIV Hong Kong Friday, May 27, 2022 | Phillips

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  • Condition Report

  • Description

    View our Conditions of Sale.

  • Manufacturer: Patek Philippe
    Year: 1994
    Reference No: 5050
    Movement No: 1’957’282
    Case No: 2'961'868
    Material: Platinum
    Calibre: Automatic, cal. 315/136, 31 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe pin buckle
    Dimensions: 35mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Juwelier Hollfelder, Germany dated 27th September 1996, instruction manual, product literature, leather folio, additional solid caseback, setting pin, fitted winding presentation box and outer packaging. Further delivered with the Patek Philippe Extract from the Archives confirming the manufacture of the present timepiece in 1994 and its subsequent date of sale on 16th January 1995.

  • Catalogue Essay

    Launched in 1993 and in production until 2002, ref. 5050, together with its officier-case sister ref. 5059, is one of the lesser-known grail of modern watchmaking. For the first time ever at Patek Philippe, a perpetual calendar is fitted with both an automatic movement and center seconds, reuniting the two distinguishing features of vintage perpetual calendar references 3448/3450 (automatic) and 2497/2438-1 (center seconds). Furthermore it features a retrograde date, allowing a dial design hardly ever seen before on Patek Philippe timepieces - and never on standard production model. Only some piece unique, such aa the modified reference 96 with perpetual calendar, are known with a similar configuration.

    The model was produced in the three gold variations and in platinum, and an evolution can be noticed: the very first examples bear railway divisions and Roman numerals (a configuration soon abandoned), concurrently the present baton indexes configuration was also made available. Finally, the very last examples feature black dial and Breguet numerals. Research estimates throughout its nine-year production span, only 150 examples cased in platinum were made across the three series.

    Exhibiting class and refined elegance, this truly is a quintessential Patek Philippe model, and an extremely interesting value proposition. Adding to its attractive overall appeal, it is an early example, dating to 1994 from the second series featuring the much-requested baton indexes and an “Automatic” designation below the moon phase. Fresh-to-the-market and offered in an attractive overall condition and accompanied by its Certificate of Origin stamped by German retailer.

  • Artist Biography

    Patek Philippe

    Swiss • 1839

    Since its founding in 1839, this famous Geneva-based firm has been surprising its clientele with superbly crafted timepieces fitted with watchmaking's most prestigious complications. Traditional and conservative designs are found across Patek Philippe's watches made throughout their history — the utmost in understated elegance.

    Well-known for the Graves Supercomplication — a highly complicated pocket watch that was the world’s most complicated watch for 50 years — this family-owned brand has earned a reputation of excellence around the world. Patek's complicated vintage watches hold the highest number of world records for results achieved at auction compared with any other brand. For collectors, key models include the reference 1518, the world's first serially produced perpetual calendar chronograph, and its successor, the reference 2499. Other famous models include perpetual calendars such as the ref. 1526, ref. 3448 and 3450, chronographs such as the reference 130, 530 and 1463, as well as reference 1436 and 1563 split seconds chronographs. Patek is also well-known for their classically styled, time-only "Calatrava" dress watches, and the "Nautilus," an iconic luxury sports watch first introduced in 1976 as the reference 3700 that is still in production today.

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Σ923

Ref. 5050
A rare, elegant and attractive platinum perpetual calendar wristwatch with German calender, moon phases, retrograde date, leap year indication, additional solid caseback, Certificate of Origin and presentation box

1994
35mm diameter
Case, dial, movement and buckle signed

Estimate
HK$545,000 - 1,090,000 
€64,100-128,000
$69,900-140,000

Place Advance Bid
Contact Specialist

Thomas Perazzi
Head of Watches, Asia 
+852 2318 2031
[email protected]

The Hong Kong Watch Auction: XIV

Hong Kong Auction 27 - 28 May 2022